In today's agribusiness landscape, the CRA (Agribusiness Receivables Certificate) has also become a key financing instrument for small and mid-sized producers. Our partner Diogo Nebias wrote an article highlighting the drivers of this expansion — from the tax benefit to the evolution of collateral and new governance rules — and explains why dispersed issuances are expected to gain even more traction in 2025.
Longer terms, more competitive rates and securitized structures with robust governance broaden access to credit and attract institutional investors, accelerating the modernization of agribusiness.
We closely follow regulatory developments for CRAs and advise issuers, underwriters, asset managers and investors on all legal aspects of offerings — from structuring contracts to CVM requirements and Law 14,130/2021.
Our Capital Markets team is available to discuss the documentary, tax and governance requirements applicable to CRAs.
